Boeing 747
Quick Summary
The Boeing 747, often called the "Jumbo Jet," was the world's first wide-body jetliner. Introduced in 1969, this large, swift, and long-ranged aircraft revolutionized air travel. It made flying accessible to the general public by lowering ticket prices, transforming air travel from a luxury for the affluent into a mass-market conveyance. The high development costs of the 747 nearly led to Boeing's bankruptcy, but its success established a monopoly for the company in this market segment. The 747 is assembled at Boeing's Everett, Washington plant.12
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